British - Economist | October 19, 1945 -
I've written about how mortality is a wonderful indicator of societal progress.
Angus Deaton
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I argue that experiments have no special ability to produce more credible knowledge than other methods, and that actual experiments are frequently subject to practical problems that undermine any claims to statistical or epistemic superiority.
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The absence of state capacity - that is, of the services and protections that people in rich countries take for granted - is one of the major causes of poverty and deprivation around the world.
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Without effective states working with active and involved citizens, there is little chance for the growth that is needed to abolish global poverty.
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The very wealthy have little need for state-provided education or health care... They have even less reason to support health insurance for everyone or to worry about the low quality of public schools that plagues much of the country.
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What is not OK is for rent-seekers to get rich.
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The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
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A lot of people in America and Europe feel that their governments are not representing them very much.
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If you think about those bailouts that happened in 2008, that was a situation in which the government gave, at our expense, enormous sums of money to some of the richest people who have ever existed on Earth.
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We are trying to say that low income and low job opportunities, after a long period of time, tears at the social fabric.
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My work on happiness is the only thing I've ever done where I've heard people in the supermarket talking about it, for instance.
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I'm very keen that we have this debate about the good parts of inequality and the bad parts of inequality. It's not a one-sided thing.
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